Michael Dell's Folly

4/1/2013 10:55AM

With Blackstone Group and Carl Icahn breathing down his neck, Michael Dell is under pressure to raise his $13.65-a-share bid for Dell. Could the tech company be worth $24 a share? Andrew Bary joins Markets Hub. Photo: AP.

This transcript has been automatically generated and may not be 100% accurate.

... I ... he dealt a child of another company that is really ... nice being in the news of lights ... I'm ... so you will go and you Daddy here ... Colas and ... was told to us about what's going on of course it's all about Michael Dell's ... perhaps ... the hills that if it's to a ... site that will see how it goes but he's looking to ... buy back his company ... aam and ... it does look fun to think he's coming with a low ball offer ... well I mean he came to an email to the will offer thirteen fifty five a share and it didn't optimism when a vacant by Carl Icahn and Blackstone in remains to be seen whether ... Michael Dell will come back and try to cut them or what happened is can a player the next couple weeks and months for modified so that I know how big a player in these markets Coll I can easily heading in the billion signaling that a lot that some ... if you really are your views that that that Dell in many respects now has five historically ... explain what the problem is the ... isthe coefficient aboard SNC agreed to a deal I think it undervalued the company and down my thing the Prophet he came out with weak expose the highway the only challenge is really nothing new in me and related challenges and not just island that ... when the court said the prevailing view of the company uses a PC might go with it and it's supposedly thus was a dying recently bought on a lot of growth in a well when my mom I'm it's a simple today ... with a counterpoint to ... the camera pointed in the PC business is still in quite profitable and they've made some diversification efforts which it had gained some traction with said ... I mean event ... what should have some positive impact on the financial ... sector and ... and and that's the thing actually probably a really lovely and liberate the country tomorrow for more than fourteen dollars issue and selling units every business that got the acquisitions of that cash into financial computer and the PC business which when Novo or maybe some of the coming Wraith ninety two were up ... for sale today ... one of things are so was her senior thesis that was that that this this cottage and monies in the hostilities activists it holds around is very odd to ... come out with such undervalued on the day in and targets already to take the company private for a way below with pain for me this via was being done for less than ten times earnings even if every company including its ... debt which is very low no major tummy ever gone private for such a low price and I think that ... I can may not be a technology meeting since then and Blackstone is pretty serious and in that they're a ... bit busy day for the company is well and all the D tells on out of book seven Blackstone's offer and not that much of icons is well when I did that this that this um talk about permitting shareholders ... saw some numbers show was actually pertain ... to read somewhere at some point I think I mean what would probably going to happen to have a leveraged recap with Haitian village mean to be the targets of the series but ... some percentage shareholders will be able or maybe that has come to the question is how much I come until the more blessed with two LS but I think it's important thing for the ... investing for the fourth tank anticipated to come because enjoy a revival ... and Dom and I ultimately unit ... what he think the deal's chances of this that ... and I think reasonable I mean I think that the of the Acadian accompanies a good deal higher than worth trading for and ... if you look at other countries' Quinn co troubled I Hewlett-Packard and his staff of sixty seventy percent of his people send survival there and then turn around and if ... people sent a turnaround happening in Philadelphia the stock can be a lot higher and ... that investors can